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US Inflation Rate in August Runs Hot at 8.3%, Peter Schiff Says America’s ‘Days of Sub-2% Inflation Are Gone’

Post author:MiamiCrypto
Post published:September 13, 2022
Post category:2%2% Inflation Analysts Bankrate.com Benchmark Rate Consumer Price Index Consumers CPI crypto economy Economics Economist economists Economy Federal Reserve Gold Bug inflation inflation rate Inflationary pressures jerome powell Major Indexes Mark Hamrick market strategists Peter Schiff Prices rate hike Schiff Stocks the fed urban consumers US Inflation Wall Street

On September 13, the U.S. Bureau of Labor Statistics reported the country’s consumer price index (CPI) inflation jumped by 8.3% annually in August. The reduction was less than expected and…

Cleveland Fed President Loretta Mester Is ‘Not Predicting a Recession,’ Says Inflation Will Move Down

Post author:MiamiCrypto
Post published:June 20, 2022
Post category:2%Ben Bernanke Central Bank Cleveland Fed branch president Economics Fed Fed president Federal Reserve growth Housing inflation rate Inflation rising Loretta Mester Monetary Policy No recession rate hikes rates Recession Slow Growth spending US Central Bank US Dollar US Economy

Cleveland Federal Reserve Bank president Loretta Mester doesn’t think a recession will take place in the United States but believes it will take two years to get inflation back down…